South Burlington School District Budget Presentation January 3, - PowerPoint PPT Presentation

FY 2019 South Burlington School District Budget Presentation January 3, 2018

Budget Information — 2018-19 Table of Contents Budget Workshop Presented on December 19, 2017 3 Final Equalized Pupils Count 4 Budget Workshop Presented on December 19, 2017 with Updated State Factors 5 Status of FY18 Budget Initiatives and Requests from Last Year 6-10 Administration Recommended Budget 11 Recommended Additions for FY19 12-14 Administration Recommended Budget for FY19 15 Impacts of Varying Dollar Changes on Overall Budget 16 Recommended Budget Objectives 17 Components of the Tax Rate Calculation 18 Administration Recommended Budget Factors 19 Budget & Tax Rate Changes 20 Tax Rate History and Estimate 21 Staffing and Enrollment Data 22-29 Notable Budget Items 30 Budget Recap 31 Where to Find Additional Information 32 Questions 33-39 Summary of the Annual Statistical Report of Schools Cost Data (SASRS) 40-41 Facilities Stewardship Recap 42-43 Academic Results/Programs 44-46 SBSD Facilities Stewardship Plan FY19 47-55 Staffing Ratios 56-59

This was presented at the December 19 Board Meeting SBSD Budget Development--"Recommended" Budget--DRAFT Actual FY18 FY19 Prelim SBSD Budget FY 2019 Status Version: # 1a Change 12/23/17 Budget Budget % Chg Expenditure Budget Funds 01 & 03: State Level Factors FY19 $49,268,882 $49,303,466 (1) $34,584 FY18 Factors 0.07% From Regular Operating, to find: ($98,000) Property Yield: $9,842 $10,160 * CLA: 95.44% 95.98% (3) Adjusted Expenditure Budget: $49,268,882 $49,205,466 ($63,416) -0.13% Equalized Pupils: 2,430.00 2,416.89 Less "Other" Revenue Funds 01 & 03: $12,046,081 $11,993,908 (2) ($52,173) Non-Resid Tax Rate: $1.6290 -0.43% $1.5350 possible revenue budget changes: $0 Residential Property Tax Impact Adjusted Revenue Budget: $12,046,081 $11,993,908 ($52,173) -0.43% Before income sensitivity and with the (Net) State Education Fund: $37,222,807 $37,211,558 ($11,249) -0.03% CLA the residential property tax per Equalized Pupils: 2,416.89 2,430.00 (3) 13.11 0.54% $100,000 homestead value is estimated as: Net "Ed Spending" Per Equalized Pupil: $15,401.12 $15,313.40 ** ($87.72) -0.57% $1,556 Total Property "Yield": $51 $10,160 $9,842 (4) ($318.00) -3.13% Change from FY18 monthly change $4.25 S.B. Residential Tax Rate (w/o CLA): $1.5159 $1.5559 $0.0400 2.64% $3,772 (6) Tax on a $231,356 condo 3.23% Residential Tax Rate w/ CLA: $1.5793 $1.6303 (5) $0.0510 Change from FY18 $118 monthly change $9.83 Non-Residential Tax Rate (w/o CLA): $1.5350 $1.6290 $0.0940 6.12% Non-Residential Tax Rate w/ CLA: $1.5993 $1.7068 $0.1075 6.72% $5,480 (7) Tax on a $336,110 home Change from FY18 $171 $14.28 monthly change The % change in the total expenditure budget -0.13% FY18 Factors The % change in ed spending per equalized pupil is:** -0.57% Income Sensitivity Impact 2.58% 2.72% The % change in the estimated residential tax rate is: $1,032 -56 3.23% Tax on $40,000 HH Income: The % change in the non-residential tax rate from FY18 is: 6.72% $1,548 -84 Tax on $60,000 HH Income: The % change in the income sensitized rate from FY18 is: -5.15% $2,064 -112 Tax on $80,000 HH Income: The % change in draw from the State Education Fund is: -0.03% Sheet Notes: Budget Notes: 1. The total expenditure budget proposed for the coming year. 1. Total expenditure budget, ed spending per equalized pupil, and percent change are, 2. The total amount expected in revenue for the coming year. by law, included in the ballot language. 3. The count of equalized pupils computed by the AOE 2. This budget recognizes reductions considered to date, as well as estimates 4. The "property yield, set by the AOE for CLA and Equalized Pupils. 5. The total computed residential tax rate. 3. Items circled in red represent district estimates for State parameters eventually expected January 3, 2018 Administration Proposed Budget 3

Final Equalized Pupils Count SOUTH� BURLINGTON� SCHOOL� DISTRICT Equalized� Pupil� Comparison %� Change FY14 FY15 FY16 FY17 FY18 FY19* FY19� vs� FY14 State-Wide� Total 89,899 89,257 89,164 89,039 87,745 88,101 -2.0% South� Burlington 2,381.05 2,365.36 2,400.03 2,420.12 2,416.53 2,512.79 5.5% January 3, 2018 Administration Proposed Budget 4

Presented on 12/19/17 with Updated State Factors for Equalized Pupils and CLA SBSD Budget Development--"Recommended" Budget--DRAFT Actual FY18 FY19 Prelim SBSD Budget FY 2019 Status Version: # 1c Change 12/23/17 Budget Budget % Chg Expenditure Budget Funds 01 & 03: State Level Factors FY19 $49,268,882 $49,303,466 (1) $34,584 FY18 Factors 0.07% From Regular Operating, to find: ($98,000) Property Yield: $9,842 $10,160 * CLA: 94.51% 95.98% (3) Adjusted Expenditure Budget: $49,268,882 $49,205,466 ($63,416) -0.13% Equalized Pupils: 2,512.79 2,416.89 Less "Other" Revenue Funds 01 & 03: $12,046,081 $11,993,908 (2) ($52,173) -0.43% Non-Resid Tax Rate: $1.6290 $1.5350 possible revenue budget changes: $0 Residential Property Tax Impact Adjusted Revenue Budget: $12,046,081 $11,993,908 ($52,173) -0.43% Before income sensitivity and with the (Net) State Education Fund: $37,222,807 $37,211,558 ($11,249) -0.03% CLA the residential property tax per Equalized Pupils: 2,416.89 2,512.79 (3) 95.90 3.97% $100,000 homestead value is estimated as: Net "Ed Spending" Per Equalized Pupil: $15,401.12 $14,808.86 ** ($592.26) $1,505 -3.85% Total Property "Yield": $13 $10,160 $9,842 (4) ($318.00) -3.13% Change from FY18 monthly change $1.07 S.B. Residential Tax Rate (w/o CLA): $1.5159 $1.5047 ($0.0112) $3,683 (6) -0.74% Tax on a $231,356 condo 0.81% Residential Tax Rate w/ CLA: $1.5793 $1.5921 (5) $0.0128 Change from FY18 $30 $2.47 Non-Residential Tax Rate (w/o CLA): $1.5350 $1.6290 $0.0940 monthly change 6.12% Non-Residential Tax Rate w/ CLA: $1.5993 $1.7236 $0.1243 $5,351 (7) 7.77% Tax on a $336,110 home Change from FY18 $43 monthly change $3.59 The % change in the total expenditure budget -0.13% FY18 Factors The % change in ed spending per equalized pupil is:** -3.85% Income Sensitivity Impact 2.58% 2.72% The % change in the estimated residential tax rate is: 0.81% $1,032 -56 Tax on $40,000 HH Income: The % change in the non-residential tax rate from FY18 is: 7.77% $1,548 -84 Tax on $60,000 HH Income: The % change in the income sensitized rate from FY18 is: -5.15% $2,064 -112 Tax on $80,000 HH Income: The % change in draw from the State Education Fund is: -0.03% Sheet Notes: Budget Notes: 1. The total expenditure budget proposed for the coming year. 1. Total expenditure budget, ed spending per equalized pupil, and percent change are, 2. The total amount expected in revenue for the coming year. by law, included in the ballot language. 3. The count of equalized pupils computed by the AOE 2. This budget recognizes reductions considered to date, as well as state 4. The "property yield, set by the AOE numbers for CLA and Equalized Pupils. 5. The total computed residential tax rate. 3. Items circled in red represent district estimates for State parameters eventually expected January 3, 2018 Administration Proposed Budget 5

Status of FY18 Budget Initiatives and Requests The next four slides show: • All Budget Initiatives considered last year (FY18) • Initiatives we proposed last year and were funded • Initiatives we proposed last year but were not funded • Of the initiatives that were removed last year, items we would like to pursue this year and have included in this recommendation January 3, 2018 Administration Proposed Budget 6

All Budget Initiatives Considered Last Year (FY18) Net Net PROJECT TASKS Request PROJECT TASKS Request Act 166 Management: Preschool Coordination $40,000 RMCS: Playground Upgrades $15,000 Professional Learning Committee Work $13,800 HS Science Teacher $39,532 Flexible Pathways/ Business Partnerships: CDC Staff $66,400 HS PE Teacher $24,679 General Education Para: Study Hall coverage $35,068 HS Health Business Education $24,679 ACA; FMLA/VPFLA; Negotiations Support; HR Support $72,024 HS School Based Clinician $90,000 Finance/HR Software Program $16,000 RMCS Classroom teacher $80,000 Pilot Program for Student Trauma/Behavior Support $26,400 OR Classroom teachers $80,000 Autism Support, Training & Development: BCBA $26,400 EEE Interventionist $17,330 Elementary Inclusion Support: ISN Special Educator $28,769 HS/MS Facilities Needs Assessment $75,000 RMCS Math Coach $8,000 Centralize Administrative Offices/Create Learning space $75,000 Elementary Schools - World Language Instruction $0 Administrator: Sub Coverage; Succession Plan; Program Devl $90,000 Afterschool Academic support $0 District Communication Coordinator $34,028 FHTMS Targeted Math and Literacy support (Enrich Center) $52,000 District classroom teacher $80,000 Elementary: Activities Bus - equal access to Schools Out $0 District classroom supplies/furniture for two new classes $7,500 Elementary : Robotics and maker spaces $5,000 RMCS classroom supplies/further for one new class $3,750 Total $1,126,359 January 3, 2018 Administration Proposed Budget 7